• Gold Money
    05/26/2016 - 14:27
    Here’s a question that might have you pondering: Is gold a commodity? More importantly, are we doing a disservice to the gold industry by calling gold a commodity? These may sound like silly...

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LendingClubbed: Stock Plummets On News Of A DOJ Grand Jury Subpoena As Accusations Fly





"On May 9, 2016, following the announcement of the board review described elsewhere in this filing, the Company received a grand jury subpoena from the U.S. Department of Justice (DOJ)... In the five business days since we announced our review and resignation of our CEO, we have experienced a slowdown in a significant amount of investment capital...  The identified material weakness is the result of the aggregation of control deficiencies related to the Company’s “tone at the top,” which manifested in three primary areas described further below."

 
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Curt Schilling Explains Why After Being Sacked From ESPN He Is Voting Trump





Less than a month after being unceremoniously fired from ESPN for daring to share a meme about transgender issues on his personal Facebook page, Boston Red Sox legend Curt Schilling has put pen to pixelated paper slamming the "frauds in the liberal media," pointing out the folly of "college folks in love with Sanders," why Hillary is "lying her ass off," and why he will be voting for Donald Trump: Trust!

 
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Apple Jumps After Berkshire Reveals 9.8 Million Share Stake





After three consecutive weeks of seemingly relentless bad news for Apple, moments ago the stock jumped by $2 dollars, rising from $90.5 to over $92.50. There was some confusion as to why the jump and then it was revealed that none other than that "other" billionaire, Warren Buffett, has decided to start building a stake in the world's biggest cell phone company to the tune of 9.8 million shares or about $1.07 billion as of March 31.

 
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Barbara Boxer Meltdown Exposes Deep Divisions In Democratic Party





"Let's hear it for Hillary Clinton," exclaimed Sen. Barbara Boxer, losing her cool after Bernie Sanders' supporters "bullied" her at the Nevada Democratic convention on Saturday. As BizPacreview reports, Boxer took the Las Vegas stage to raucous boos as her attempt to unify what is obviously as deeply divided a Democratic party as the mainstream would have everyone believe the Republican party is. "I'm for Hillary Clinton and she's for all of us,” she yelled. "Keep on booing and boo yourselves out of this election."

 
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The GOP Finally Gets It: "People Just Don't Care, Trump Rewrote The Playbook"





In a shocking moment of clarity, that should also send shivers up the spine of the Democratic party, Republican chairman (and implicity voice of 'the establishment') Reince Priebus admitted on various Sunday talk-shows that campaign traditions don't apply to the so-called Teflon Don noting that "the public just wasn't interested" in his taxes or the various 'stories' that the Deep State is throwing at him. "I don't think the traditional playbook applies.. We've been down this road for a year. And it doesn't apply," Priebus exclaimed, and why the Clinton campaign is likely scrambling, "He's rewritten the playbook."

 
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The Endgame





There is a growing fear in financial and monetary circles that there is something deeply wrong with the global economy. Publicly, officials and practitioners alike have become confused by policy failures, and privately, occasionally even downright pessimistic, at a loss to see a statist solution. It is hardly exaggerating to say there is a growing feeling of impending doom. In short, growing evidence of price inflation and stagnant production can be expected to materially increase the risk of a global banking and currency meltdown. The best escape-route is ownership of anything other than purely financial assets and fiat currency deposits. No wonder the price of gold, which is the soundest of moneys, appears to have entered a new bull market.

 
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FBI Agents Busted For Planting Hidden Surveillance Microphones In Public Places





"Hidden microphones that are part of a clandestine government surveillance program that has been operating around the Bay Area has been exposed." If Congress wasn’t so busy being corrupt shills for the powerful it might do something to stop this. We're not holding our breath. Time and time again throughout U.S. history, you see the FBI working to undermine the public’s freedom in order to protect whatever racket their status quo masters happen to be running at the time.

 
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Fed Worries About Deflation But Pays Banks Billions Not To Lend QE Proceeds!?





In a world in which growth is slowing, is it not strange that the Fed (privately owned by the largest banks in the world) would institute a system of rising payments rewarding banks for not taking risk or lending money!  This all tends to make believe that manipulation is the order of the day and the explanation is far simpler than most would believe...

 
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How Hedge Funds Invest Heavily In Washington D.C.'s Culture Of Corruption





If you want to get a sense of what’s motivating Donald Trump and Bernie Sanders voters, it’s a desire to take people like Robert Shapiro, remove them from the halls of power, and toss them into a cardboard box on the street. Of course, that won’t be happening any time soon, but that’s what a lot of people want. As we detail below, confirmed recently by Congressman X, Washington is infested by the secretive world of the dark money groups representing mercenary hedge funds in their insatiable quest for more and more money. In many ways, it’s merely a microcosm of America in 2016. A culture in which ethics has become so irrelevant, it isn’t even a nuisance; it simply never factors into the equation.

 
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For The American Farmer "It's Death By A 1,000 Knives”- US Farmland Values Plunge Most In 30 Years





While America was so focused on whether or not there is a recession in the US manufacturing and oil & gas sector, it completely ignored the depression in America's farming heartland.

 
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Minimum-Wage Blowback - Wendy's To Employ Self-Service Kiosks At 6,000 Locations





“This is the problem with Bernie Sanders, and Hillary Clinton, and progressives who push very hard to raise the minimum wage,” says Carl's Jr CEO Puzder. “Does it really help if Sally makes $3 more an hour if Suzie has no job?”

 
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California Tax Revenues Miss Projections By $1 Billion As Residents Flee The State





California's tax revenues came in $869 million less than forecast for the first four months of the year. Governor brown is now expected to cut some of the proposed spending increases in education, healthcare and infrastructure as a result of the miss. Many things were blamed for the shortfall, from slower than expected wage growth (there's a fix for that!), to lower capital gains taxes from a struggling market. While those were surely a factor, perhaps the biggest reason is the one that was also unmentioned: residents are fleeing the state in droves.

 
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Satyajit Das Is "Astonished Investors Haven't Raised Pitchforks At Policy-Makers"





"They’re going to have to stop people from taking out cash... I would argue that it’s not going to be able to be dealt with, and it creates enormous social and political pressures… What we’re going to see is a period of financial repression, which is very, very dangerous... I honestly don’t know how it’s going to end. In the 1920s and 1930 when similar pressures built up, it didn’t actually have a very good ending."

 
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